Results 226 - 250 from 250 for "public"
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Basescu Supports Government’s Fiscal Strategy, Says Country Needs More Public Sector Layoffs
08.12.2011
Romanian president Traian Basescu said Friday he supports the Government’s recently adopted fiscal strategy, adding Romania would default if it keeps borrowing money to pay wages and pensions. more
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EU Warns Romanian Public-Private Partnership Law Still Breaches Community Norms
08.11.2011
The European Commission has warned the Romanian Government that the public-private partnership law is still incompatible with EU norms and not sufficiently clear on certain procedures, such as more
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Fiscal Strategy: Government Keeps Public Sector Hiring Frozen, Halts Bonuses, Overtime Until 2014
08.10.2011
Romanian public sector employees will receive no vacation, gift or meal vouchers until 2014, no bonuses until 2013 and will be rewarded for overtime with free hours only, according to the Government's more
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RATB Wants To Quench Its Fuel Thirst With EUR100M
08.03.2011
Bucharest’s public transportation corporation (RATB) is trying to secure its necessary fuel volumes for the next four years through a contract worth over EUR100 million, a company announcement more
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Romania's Public Debt Nears RON201B In May
08.02.2011
Romania’s public debt rose to 200.6 billion lei (EUR47.3 billion) in May, from roughly RON195.5 billion a month earlier, Finance Ministry data showed Tuesday. more
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Romania To Raise Public Sector Wages 15% Next Year, Says Coalition Party Head
08.02.2011
Romania may raise public sector wages 15 next year, either at once or in tranches, Marian Sarbu, head of coalition party UNPR, told Radio France International Tuesday. more
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Salaries Bounced Back Quicker In The Private Sector
08.02.2011
The salaries of the 1.2 million people working in industry, a sector mainly made up of private companies, rose by 6% in the May 2010-May 2011 period, a sign that the steps to slash costs more
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IMF: Romania May Raise Public Sector Wages After More Job Cuts
08.01.2011
Even though the government may consider there is room for public sector wage increases, Romania should only raise them following more job cuts layoffs, Monday said Jeffrey Franks, head of the more
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Fondul Proprietatea Willing To Help With Future Bourse Privatizations
07.28.2011
Greg Konieczny, manager of the EUR4 billion assets of Fondul Proprietatea, says Petrom’s offering had a “disappointing” result because it was not well structured. The fund’s official offered more
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Attracted By High Yields, Foreign Investors Now Hold Over 15% Of Leu-Denominated Paper
07.07.2011
Foreign investors, mostly corporate entities, owned leu-denominated state paper worth nearly 9.2 billion lei (EUR2.2 billion), accounting for around 15% of the market volume. more
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Romania Sets RON0.46 Price Cap In Petrom Offering; It Could Get EUR610M
07.07.2011
The secondary offer through which the Romanian Economy Ministry wants to sell 9.84% in oil company OMV Petrom (SNP.RO) will start Monday at a maximum price of 0.46 lei (EUR0.11) a share, 15% above the more
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A Quarter Of Microsoft’s Romanian Business Comes From Public Sector
07.05.2011
The turnover of Microsoft Romania will go up by just over 5% in the financial year that started on July 1, largely thanks to contracts with the public sector, which generate a quarter of the revenue, more
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Basescu Asks Parliament To Reexamine Law On Public Utilities
07.05.2011
Romanian President Traian Basescu has sent back to Parliament for reexamination a law allowing public utility regulator ANRSC to hold 7% of sums recovered through writs of execution, checkups or more
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Public Debt Slides To RON195.5B In April
07.01.2011
The public debt fell to 195.5 billion lei (EUR46.2 billion) in April, from roughly RON199 billion a month earlier, Finance Ministry data showed Friday. more
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Finance Ministry: 153,000 Public Sector Employees Laid Off In 2008-2011
06.16.2011
Almost 153,000 public sector employees were laid off from December 2008 through late April 2011, according to Finance Ministry data. more
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PwC: Romania Needs Private Investors To Upgrade Public Heating System
06.15.2011
The Romanian district heating system needs EUR5 billion investment over the next 10 years in order to increase its efficiency, but local authorities cannot cover this amount, which means private more
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Romania Borrows EUR11.5B In Five Months To Keep Going
06.13.2011
The record-high EUR1.5 billion raised by the Finance Ministry last week from the foreign markets brings to over EUR4.5 billion the foreign currency debt accumulated by Romania since the beginning of more
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Public Procurement Body To Check All Auctions Regardless Of Contract Value
06.09.2011
The Romanian public procurement checkup body UCVAP will be reorganized and will check all public procurement auctions regardless of the estimated value of contracts to be awarded, according to a more
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Budget Gap Limited To 3% Of GDP - Constitution Draft
06.01.2011
Romania's budget gap may not be wider than 3% of the gross domestic product, while the public debt may not exceed 60% of the GDP, says the draft revised Constitution, published Wednesday by the more
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Vimetco Aims To Raise Alro's Free-float And Attractiveness Through SPO
05.19.2011
The Vimetco group, held by Russian businessman Vitaly Machitsky, surprised the Bucharest market with its intention to sell 21% of its shares in aluminum smelter Alro (ALR.RO) via a secondary public more
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Romania's Public Debt Rises To RON199B In March
05.18.2011
Romania’s public debt rose to 198.9 billion lei (EUR48.3 billion) in March, from RON193.1 billion a month earlier, Finance Ministry data showed Wednesday. more
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Romania Bars Installing Public Utility Infrastructure Above Ground
05.12.2011
The Romanian Government approved Wednesday a bill which forbids the installation of equipment used by public utility infrastructure above ground on public property. more
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Senate Passes Bill Requiring Psychological Exam For Public Candidates
05.09.2011
The Romanian Senate on Monday adopted tacitly a bill requiring candidates for public office, including presidential candidates, to undergo a psychological and psychiatric examination. more
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Social Homes Might Be Sold For Closer To Market Value
05.09.2011
Romanian authorities might be able to sell public housing for a price determined by an expert evaluator, closer to the home's regular market price, as per a Government-sponsored bill changing the way more
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Amended Romanian Public-Private Law Punishes Tender Contestation Losers
04.22.2011
Companies will no longer have to provide a 2% guarantee in order to contest a Romanian tender for a public-private partnership contract, but a guarantee of 1% of the contract's estimated value will be more